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Severn Trent PLC Add to portfolio

LON100:SVT, Jan 22, 04:52 UTC

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Monday, January 06


News

Director dealings: Severn Trent's Christine Hodgson buys shares

SVT

(Sharecast News) - Severn Trent revealed on Monday that chairwoman-designate Christine Hodgson had purchased 2,020 ordinary shares in the FTSE 100-listed utilities firm.Hodgson, who joined the water utility as a non-executive director on 1 January, acquired the shares on Monday at an average price of 2,500p each, for a total value of £50,500.She will succeed Andrew Duff in April.Back in November, Severn Trent reported a drop in interim profit as infrastructure costs offset an increase in revenue, though the company still raised its dividend.The FTSE 100-listed outfit booked a profit before tax of £180.7m for the six months ended 30 September, which was down by 11.0% on the same period last year.Even so, the utility company hiked its half-year dividend by 7.0% to 40.03p per share.As of 1630 GMT, Severn Trent shares were down 1.33% at 2,491.45p.Top Director BuysSevern Trent (SVT)Director name: Hodgson,Christine MaryAmount purchased: 2,020 @ 2,500.00pValue: £50,500.00Vpc Specialty Lending Investments (VSL)Director name: Levy,RichardAmount purchased: 61,301 @ 79.00pValue: £48,427.79U And I Group (UAI)Director name: Upton,RichardAmount purchased: 10,000 @ 177.00pValue: £17,700.00Bango (BGO)Director name: Anderson, RayAmount purchased: 15,000 @ 112.00pValue: £16,800.00U And I Group (UAI)Director name: Upton,RichardAmount purchased: 6,949 @ 177.00pValue: £12,299.73Bmo Real Estate Investments Limited (BREI)Director name: Henderson,AlexaAmount purchased: 118 @ 8,459.20pValue: £9,981.86Great Portland Estates (GPOR)Director name: Courtauld,TobyAmount purchased: 18 @ 855.92pValue: £154.07Centrica (CNA)Director name: Conn,Iain CAmount purchased: 166 @ 90.66pValue: £150.50Centrica (CNA)Director name: Hookway,RichardAmount purchased: 165 @ 90.66pValue: £149.59Centrica (CNA)Director name: OÂ'Shea,Chris Amount purchased: 165 @ 90.66pValue: £149.59Virgin Money Uk (VMUK)Director name: Smith,Ian S Amount purchased: 77 @ 193.00pValue: £148.61Great Portland Estates (GPOR)Director name: Sanderson,NickAmount purchased: 17 @ 855.92pValue: £145.51Britvic (BVIC)Director name: Litherland,SimonAmount purchased: 15 @ 904.50pValue: £135.68Britvic (BVIC)Director name: Wilson,JoanneAmount purchased: 15 @ 904.50pValue: £135.68Britvic (BVIC)Director name: Barwell,Matt Amount purchased: 12 @ 904.50pValue: £108.54Chaarat Gold Holdings Ltd. (di) (CGH)Director name: Barma,HusseinAmount purchased: 65,861 @ n/aValue: n/aTop Director SellsProton Motor Power Systems (PPS)Director name: Nahab,Faiz FrancoisAmount sold: 200,000 @ 0.31Value: 54,309.74Young & Co's Brewery 'a' Shares (YNGA)Director name: Goodyear,StephenAmount sold: 1,800 @ 1,620.00pValue: £29,160.00Proton Motor Power Systems (PPS)Director name: Nahab,Faiz FrancoisAmount sold: 85,000 @ 0.29Value: 21,592.50. (Sharecast News) - Severn Trent revealed on Monday that chairwoman-designate Christine Hodgson had purchased 2,020 ordinary shares in the FTSE 100-listed utilities firm. (Sharecast News) - Capita Group: Deutsche Bank downgrades to sell with a target price of 155p.

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Wednesday, December 18


News

Where now for the National Grid, SSE, Centrica, United Utilities and Severn Trent share prices?

SVT UU +3 more SVT UU CNA SSE NG

UK utility stocks (mostly) rally after election result, but where next? For almost all the major utilities on the FTSE, the election result has seen rallies to new records. With the Conservative win, that prospect is banished for at least five years. As a result, shares in these firms have rallied sharply, with the strong dividends an added attraction. Higher lows have been seen at the £7 level of September 2018 and January 2019, while a sell-off into May 2019 and then early September also saw buyers enter. Since then the trend has taken off, confirming the bullish view. Here too the shares have rocketed, hitting a record high this week for SSE. But this comes off the back of a remarkable surge from £9.50 in late 2018 and May 2019, which has seen the shares gain over 50%.

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Wednesday, October 30


News

Severn Trent Poaches Capgemini Chair Christine...

SVT CAP

Severn Trent Poaches Capgemini Chair Christine Hodgson As Own Chair. (Alliance News) - Severn Trent PLC on Wednesday said it has appointed the current executive chair ... (Alliance News) - Severn Trent PLC on Wednesday said it has appointed the current executive chair of Capgemini UK PLC as its own chair. Christine Hodgson joins the FTSE 100-listed water and sewage firm's board as a non-executive director at the start of January, before succeeding Andrew Duff as chair in April 2020. She also has been appointed as a member of the Corporate Responsibility, Remuneration, and Nominations committees at Severn, and will be chair of the Nominations committee once Duff retires.

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News

Severn Trent names Capgemini UK executive Christine Hodgson as chairwoman

SVT CAP +1 more SVT CAP TRI

Severn Trent names Capgemini UK executive Christine Hodgson as chairwoman. (Reuters) - British water utility Severn Trent Plc <SVT.L> on Wednesday named Capgemini UK <CAPP.PA> executive Christine Hodgson as the new chairwoman to replace Andrew Duff next year. Hodgson will join the company as an independent non-executive director in January next year. The UK accounting watchdog's revised corporate code came into effect in January, requiring public companies to explain if a board chair has remained unchanged for more than nine years.

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Sunday, October 27


News

Water firm Severn Trent to consult the public on Berrow pipe replacement works

SVT

Water firm Severn Trent to consult the public on Berrow pipe replacement works. Severn Trent contractors begin work on The Shambles in Worcester. WATER company Severn Trent is holding a community meeting before it begins a £830,000 improvement project near Malvern. The company is replacing 10 kilometres of water pipes to improve the water network, and wants to meet with the community to explain how they’ll be working, and what benefits it will bring to those who live in Berrow, at the southern end of the Malvern Hills.

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Saturday, September 21


News

Severn Trent (OTCMKTS:SVTRF) Rating Lowered to Hold at Jefferies Financial Group – TechNewsObserver

SVT

Severn Trent (OTCMKTS:SVTRF) was downgraded by investment analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research report issued on Thursday, Briefing.com Automated Import reports. The company’s 50-day moving average price is $25.08 and its two-hundred day moving average price is $25.55. Severn Trent has a 52 week low of $22.89 and a 52 week high of $27.28. Severn Trent Plc operates as a water and sewerage company in the United Kingdom and internationally.

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Tuesday, May 21


News

Severn Trent issues warning on impact of Labour nationalisation plans

SVT

Utility giant Severn Trent has warned that Labour policies for nationalisation of the industry would impact its ability to fulfil its strategic goals. The opposition party led by Jeremy Corbyn laid out plans earlier this month under which it would offer shareholders in water utilities around half the current market value under a nationalisation programme, were it to win the next general election. The firm said such policies “may fundamentally impact our ability to deliver the group’s strategic objectives, impacting shareholder value”. Chief executive Liv Garfield said: “This has been a year where our teams have really stepped up, whether in response to customer needs in the face of one of the hottest and driest summers we’ve seen or by being named by Ofwat as one of the top companies in the sector when we received fast-track status for our future plans.

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News

Severn Trent warns on impact of re-nationalisation

SVT

(Reuters) - British water utility Severn Trent reiterated warnings on Tuesday about the impact of any future nationalisation of the industry on strategic goals the company has set for itself under its officially-regulated business plans. The opposition Labour party laid out plans earlier this month under which it would offer shareholders in water utilities around half their current market value under a nationalisation programme should it win the next general election. The company made the comments as it posted a 6.8% rise in profit for the year after scoring a number of performance-related incentives from regulator Ofwat, offsetting a rise in costs linked to last summer's supply shortages.

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News

Severn Trent says re-nationalisation could raise water bills

SVT

(Reuters) - A re-nationalisation of the UK water industry could raise customer bills and lower investment, Severn Trent said on Tuesday, as utility companies laid the ground for a potential fight with a future Labour government. Although a UK election is not due until 2022, and opinion polls show the main opposition party falling far short of a majority, Labour laid out plans this month to offer shareholders around half the current market value of the country's utilities under a future re-nationalisation. The head of Britain's National Grid has already criticised Labour's plans to renationalise energy networks, warning of high costs to taxpayers and a slower transition to green energy. Severn Trent's Chief Executive Officer Liv Garfield pointed to a study from Britain's water regulator Ofwat which said customers would be paying around 120 pounds more a year if the water industry had not been privatised. Labour says that water bills have risen 40% in real terms since privatisation in 1989, while water companies receive more in tax credits than they pay in tax while paying out large dividends to shareholders.

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Tuesday, May 07


News

Severn Trent Chairman Andrew Duff to step down

SVT

(Reuters) - Water utility Severn Trent said on Tuesday Chairman Andrew Duff would step down after nine years in the role. The departure comes at a time when the company is preparing to implement its new business plan after being awarded Fast Track status by Britain's water industry regulator Ofwat. The departure falls in line with the Financial Reporting Council's (FRC) revised corporate code that came into effect in January, requiring public companies to explain if a board chair has remained unchanged for more than nine years. Severn Trent, which supplies water across the Midlands region, said it had started to look for Duff's successor and that he intended to remain in the role until the induction of a new chairman.

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